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Use the following information for the Exercises below. (The following information applies to the questions displayed below.) BMX Company has one employee, FICA Social Security

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Use the following information for the Exercises below. (The following information applies to the questions displayed below.) BMX Company has one employee, FICA Social Security taxes are 6.2% of the first $128,400 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 0,6% and SUTA taxes are 5.4% of the first $7,000 paid to its employee Gross Pay through Gross Pay for August 31 September $ 6,800 $ 700 2,200 2,300 122,500 8,400 a. b. c. Exercise 9-6 Payroll-related journal entries LO P2 Assuming situation (), prepare the employer's September 30 journal entries to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $70 for this pay period. os Complete this question by entering your answers in the tabs below. Taxes to be General withheld From Gross Pay Journal The employee's federal income taxes withheld by the employer are $70 for this pay period. Compute the taxes to be withheld from gross pay for this employee. (Round your answers to 2 decimal places.) Toxes to be Withhold From Cross Pay (Employoo-Paid Taxes) September Eaming Tax Rate Tax Amount Subject to Tax Assuming situation (a), prepare the employer's September 30 journal entries to record salary expense and its for this employee. The employee's federal income taxes withheld by the employer are $70 for this pay period. Complete this question by entering your answers in the tabs below. Taxes to be Withheld From General Gross Pay Journal The employee's federal income taxes withheld by the employer are $70 for this pay period. Compute the taxes to be from gross pay for this employee. (Round your answers to 2 decimal places.) Taxes to be withheld From Gross Pay (Employee-Pald Taxes) September Earnings Tax Rate Tax Amount Subject to Tax Federal income tax $ 70.00 Tame to be withhold From Cross Pay General Journal > Taxes to be Withheld From Gross Pay General Journal The employee's federal income taxes withheld by the employer are $70 for this pay period. Prepare the employer's September 30 Journal entries to record salary expense and its related payroll liabilities for this employee (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet Prepare the employer's September 30 journal entry to record accrued salary expense and its related payroll abilities for this employee. Note: Enter debits before credits Date General Journal Debit Credit Sep 30 Record entry Clear entry View general Journal

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